Ventas Realty in the market with seven-year senior notes

By Lisa Kerner

Charlotte, N.C., May 25 – Ventas Realty, LP is expected to price an offering of senior notes due 2023, according to a 424B5 filing with the Securities and Exchange Commission.

The bookrunners are Wells Fargo Securities LLC, Morgan Stanley & Co. LLC, Citigroup Global Markets Inc. and Jefferies & Co.

The notes are guaranteed by Ventas, Inc.

Proceeds will be used to purchase tender offer notes and for working capital and other general corporate purposes, including to fund pending or future acquisitions and investments.

The real estate investment trust for housing and health care properties is based in Chicago.

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